$270,000
700 16th Street 109
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $270,000
- Price per sq ft
- $499
- Vs. nearby sales
- 8.9% below
- Days on market
- 106
This 1-bedroom condo in Lincoln Sub is listed at $270,000, or $499 per square foot. It has been on the market for 106 days. The 5 most recent condo sales in the closings shown below sold at a median of $548 per square foot, so the asking price is 8.9% below what comparable homes here actually sold for.
Estimated monthly payment
$1,419 /mo
Principal and interest only, based on $54,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $713/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $270,000
- Days on Site
- 106 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 541 sqft
- Total Sq Ft
- 541 sqft
- Year Built
- 1941
- Property Type
- Condo
- MLS #
- A12033629
- Property Tax
- $3,624 (2025)
- HOA Fees
- $713 / Monthly
- Subdivision
- LINCOLN SUB
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
LEASE WITH OPTION TO BUY700 16th Street #109, Miami Beach, FLPurchase Price: $270,000Lease Option Program: $3,500/month for 24 monthsFuture Purchase Balance: $200,000 through cash payment or mortgage at closingUnique Opportunity in the Heart of Miami BeachRare corner unit offering exceptional flexibility for both end-users and investors. Located at 700 16th Street in the vibrant Miami Beach area, this property features a private independent entrance with no direct connection to the building's common areas, creating a unique sense of privacy and accessibility.The unit has never been lived in and it is utilized as an office, resulting in an almost brand-new condition throughout.? Corner unit with abundant natural light? Brand-new kitchen? New, never-used appliances? Never occupied as a residence? Excellent condition throughout? Private independent entrance? No direct connection to common building hallways or common areas? Prime Miami Beach location near Lincoln Road, shopping, dining, and entertainmentLease With Option to Buy StructureMonthly Rent: $3,500Lease Term: 24 MonthsPurchase Price Locked Today: $270,000Final Balloon Payment / Mortgage Balance: $200,000Opportunity to secure ownership while building toward future financing.This unique layout and private entrance make the property particularly attractive for professionals, seasonal residents, and investors seeking a versatile Miami Beach asset in a highly desirable location.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1941
- Property Condition
- Resale
- Number of Stories
- 2
- Garage Spaces
- 0
- Parking
- On Street
- Living Sq Ft
- 541
- Total Sq Ft
- 541
Interior Features
- Appliances
- Dishwasher / Microwave / Oven / Refrigerator
- Cooling
- Central Air
- Heating
- Electric
- Flooring
- Ceramic Tile
- Interior Features
- Main Level Primary
Exterior Features
- Construction
- Block
- Exterior Features
- Other
- View
- Other
Community & HOA
- HOA Fee
- $713 / Monthly
- HOA Includes
- Common Areas / Maintenance Structure
- Association Amenities
- Laundry
- Community Features
- Home Owners Association
- Security
- Closed Circuit Cameras / Fire Alarm / Other / Smoke Detectors
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Lease Purchase
- Restrictions
- No Restrictions / Other Restrictions
- MLS Area
- 2320
This home's HOA fee works out to $713 a month, in line with the $703 median across 6 homes for sale in Lincoln Sub. See Lincoln Sub HOA fees
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
Lincoln Sub is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $399,900 to $1,600,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Lincoln Sub and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 8
- Under Contract
- 3
- Median List Price
- $267,000
- Median $/Sq Ft
- $520
- Avg Days on Market
- 211
Frequently Asked Questions
- How do I schedule a tour of 700 16th Street 109, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 700 16th Street 109, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 700 16th Street 109, Miami Beach, FL 33139 still available?
- 700 16th Street 109, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 106 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 700 16th Street 109, Miami Beach, FL 33139?
- With 20% down ($54,000) on the $270,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 700 16th Street 109, Miami Beach, FL 33139 is about $1,419/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 700 16th Street 109, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 700 16th Street 109, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 700 16th Street 109, Miami Beach, FL 33139 have an HOA fee?
- Yes: 700 16th Street 109, Miami Beach, FL 33139 carries an HOA fee of about $713 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 700 16th Street 109, Miami Beach, FL 33139?
- 700 16th Street 109, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 700 16th Street 109, Miami Beach, FL 33139?
- Often, yes. The right offer on 700 16th Street 109, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Keyes Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$270,000
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Listed by Fabrizio Passatore, The Keyes Company
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Recent Sales
Recently sold homes in Lincoln Sub
These are the last 6 recorded closings in Lincoln Sub, with the price each home actually sold for rather than what it was listed at. They closed at a median of $548 per square foot. The most recent closed on September 28, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$230,000
Sold · September 28, 2026
1560 Meridian Avenue 206
1 bed · 1 bath · 436 sqft · $528/sqft
$5,000 under the asking price
Sold$280,000
Sold · June 26, 2026
1610 Euclid Avenue A105
1 bed · 1 bath · 511 sqft · $548/sqft
$15,000 under the asking price
Sold$240,000
Sold · June 23, 2026
1610 Euclid Avenue A109
1 bed · 1 bath · 511 sqft · $470/sqft
$43,999 under the asking price
Sold$295,000
Sold · May 29, 2026
1610 Euclid Avenue A107
1 bed · 1 bath · 511 sqft · $577/sqft
Sold$2,000,000
Sold · February 27, 2026
1534 Euclid Avenue
0 bed · 0 bath · 3,990 sqft · $501/sqft
$500,000 under the asking price
Sold$320,000
Sold · November 5, 2025
1610 Euclid Avenue A111
1 bed · 1 bath · 528 sqft · $606/sqft
$25,000 under the asking price
See every recorded sale in Lincoln Sub or find out what your Lincoln Sub home is worth.
